Form 1560 PDF Details

Are you aware of the Form 1560? It's a document that allows U.S. taxpayers to report interests in foreign financial assets. The form is relatively new, having been introduced in 2009 as part of the Foreign Account Tax Compliance Act (FATCA). If you have investments or bank accounts overseas, it's important to familiarize yourself with this form and what it entails. This blog post will provide an overview of the Form 1560 and explain why it's important to file it if you have foreign assets. Stay tuned for future posts that will go into more detail about specific aspects of the form.

QuestionAnswer
Form NameForm 1560
Form Length2 pages
Fillable?No
Fillable fields0
Avg. time to fill out30 sec
Other namestxdot form 1560, form 1560, texas department of transportation form 1560, form 1560 cs

Form Preview Example

TxDOT Form 1560 (Rev 04/2002) Previous editions of this form may not be used.

Page 1 of 2

Texas Department of Transportation (TxDOT)

CERTIFICATE OF INSURANCE

Prior to the beginning of work, the Contractor shall obtain the minimum insurance and endorsements specified. Only the TxDOT certificate of insurance form is acceptable as proof of insurance for department contracts. Agents should complete the form providing all requested information then either fax or mail this form directly to the address listed on the back of this form. Copies of endorsements listed below are not required as attachments to this certificate.

Insured:

Street/Mailing Address:

City/State/Zip:

Phone Number: Area Code (

)

 

 

 

 

 

 

 

 

 

 

 

WORKERS’ COMPENSATION INSURANCE COVERAGE:

 

 

 

Endorsed with a Waiver of Subrogation in favor of TxDOT.

 

 

 

Carrier Name:

 

 

Carrier Phone #:

 

 

Address:

 

 

City, State, Zip:

 

 

Type of Insurance

 

Policy Number

Effective Date

Expiration Date

Limits of Liability:

 

Workers’ Compensation

 

 

 

 

Not Less Than: Statutory – Texas

 

 

 

 

 

 

 

 

 

COMPREHENSIVE GENERAL LIABILITY INSURANCE:

Endorsed with TxDOT as Additional Insured and with a Waiver of Subrogation in favor of TxDOT.

Carrier Name:

 

 

 

 

 

Carrier Phone #:

 

 

 

 

Address:

 

 

 

 

 

City, State, Zip:

 

 

 

 

Type of Insurance:

Policy Number:

 

Effective Date:

Expiration Date:

 

Limits of Liability:

 

 

 

 

 

 

 

 

 

 

 

 

Comprehensive General

 

 

 

 

 

Not Less Than:

 

Liability Insurance

 

 

 

 

 

 

 

 

 

 

Bodily Injury

 

 

 

 

 

 

$ 500,000 each occurrence

 

Property Damage

 

 

 

 

 

$ 100,000 each occurrence

 

OR

 

 

 

 

 

 

$ 100,000 for aggregate

 

 

 

 

 

 

 

 

 

OR

 

Commercial General

 

 

 

 

 

 

 

 

 

 

 

 

 

$ 600,000 combined single limit

 

Liability Insurance

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

COMPREHENSIVE AUTOMOBILE LIABILITY INSURANCE:

 

 

 

 

 

 

Endorsed with TxDOT as Additional Insured and with a Waiver of Subrogation in favor of TxDOT.

 

 

 

 

Carrier Name:

 

 

 

 

 

Carrier Phone #:

 

 

 

 

Address:

 

 

 

 

 

City, State, Zip:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Type of Insurance:

Policy Number:

 

Effective Date:

Expiration Date:

 

Limits of Liability:

 

 

 

 

 

 

 

 

 

 

 

 

 

Comprehensive Automobile

 

 

 

 

 

 

 

 

 

 

Liability Insurance

OR Texas

 

 

 

 

 

Not Less Than:

 

Business Automobile Policy

 

 

 

 

 

$ 250,000 each person

 

Bodily Injury

 

 

 

 

 

 

$ 500,000 each occurrence

 

Property Damage

 

 

 

 

 

 

$ 100,000 each occurrence

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

UMBRELLA POLICY (if applicable):

 

 

 

 

 

 

 

 

Carrier Name:

 

 

 

 

 

Carrier Phone #:

 

 

 

 

Address:

 

 

 

 

 

City, State, Zip:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Type of Insurance:

Policy Number:

 

Effective Date:

Expiration Date:

 

Limits of Liability:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Umbrella Policy

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Agency Name

Address

 

City, State Zip Code

 

 

 

 

 

 

 

 

 

 

 

 

 

Area Code (

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Authorized Agent’s Phone Number

 

Authorized Agent Original Signature

 

 

Date

This Certificate of Insurance neither affirmatively nor negatively amends, extends, or alters the coverage afforded by the above insurance policies issued by the named insurance company. Cancellation of the insurance policies shall not be made until THIRTY DAYS AFTER the agent or the insurance company has sent written notice by certified mail to the contractor and the Texas Department of Transportation.

THIS IS TO CERTIFY to the Texas Department of Transportation acting on behalf of the State of Texas that the insurance policies named meet all the requirements stipulated and such policies are in full force and effect. If this form is sent by facsimile machine (fax), the sender adopts the document received by TxDOT as a duplicate original and adopts the signature produced by the receiving fax machine as the sender’s original signature.

The Texas Department of Transportation maintains the information collected through this form. With few exceptions, you are entitled on request to be informed about the information that we collect about you. Under sections 552.021 and 552.023 of the Texas Government Code, you also are entitled to receive and review the information. Under section 559.004 of the Government Code, you are also entitled to have us correct information about you that is incorrect.

TxDOT Form 1560 (Rev 04/2002)

Page 2 of 2

Texas Department of Transportation

NOTES TO AGENTS:

Agents must provide all requested information then either fax or mail this form directly to the address listed below.

Pre-printed limits are the minimum required, if higher limits are provided by the policy, enter the higher limit amount and strike-through or cross-out the pre-printed limit.

To avoid work suspension, an updated insurance form must reach the address listed below one business day prior to the expiration date. Insurance must be in force in order to perform any work.

Binder numbers are not acceptable for policy numbers.

The certificate of insurance, once on file with the department, is adequate for subsequent department contracts provided adequate coverage is still in effect. Do not refer to specific projects/contracts on this form.

The TxDOT certificate of insurance form is the only acceptable proof of insurance for department contracts.

List the contractor’s legal company name, including the DBA (doing business as) name as the insured or list both the contractor and staff leasing service as insured when a staff leasing service is providing insurance.

Over-stamping and/or over-typing entries on the certificate of insurance are not acceptable if such entries change the provisions of the certificate in any manner.

This form may be reproduced.

The SIGNATURE of the agent is required. Stamped/typed/printed signatures are not acceptable.

CERTIFICATE OF INSURANCE REQUIREMENTS:

WORKERS’ COMPENSATION INSURANCE:

The contractor is required to have Workers’ Compensation Insurance if the contractor has any employees including relatives.

The word STATUTORY, under limits of liability, means that the insurer would pay benefits allowed under the Texas Workers’ Compensation Law.

GROUP HEALTH or ACCIDENT INSURANCE is not an acceptable substitute for Workers’ Compensation.

COMPREHENSIVE GENERAL LIABILITY INSURANCE or COMMERCIAL GENERAL LIABILITY INSURANCE:

If coverages are specified separately, they must be at least these amounts:

Bodily Injury

$500,000 each occurrence

Property Damage

$100,000 each occurrence

 

$100,000 for aggregate

MANUFACTURERS’ or CONTRACTOR LIABILITY INSURANCE is not an acceptable substitute for Comprehensive General Liability Insurance or Commercial General Liability Insurance.

COMPREHENSIVE AUTOMOBILE LIABILITY INSURANCE or TEXAS BUSINESS AUTOMOBILE POLICY:

The coverage amount for a Texas Business Automobile Policy or Comprehensive Automobile Liability may be shown as a minimum of $600,000 Combined Single Limit by a typed or printed entry and deletion of the specific amounts listed for Bodily Injury and Property Damage.

BASIC AUTOMOBILE LIABILITY INSURANCE is not an acceptable substitute for Comprehensive Automobile Liability Insurance or Texas Business Automobile Policy.